I think Victoria looks great in this shirt, it suits her perfectly. And it is nice to see her in a little different style for a change, with these big necklace and earrings. It was also nice for her to dress in an evening wear for this digital Swedish Wood Award 2020 Gala, since her speech was sent after 21.00 in the evening.
The place where the speech was recorded (Haga Palace Library) was well chosen with her look.
Not sure about the ruffled shoulders too but it's definitely a beautiful gown and the colour is gorgeous. Great that she reused that headpiece as it's a delicate one. Interesting that when I first saw it I think that's probably what she prepared for Nobel last year.